On Wednesday 23rd
October, Sharron and Paul from Young Enterprise Trust arrived at Wellesley
College to turn Year 5 into entrepreneurs.
We were organised into 9 groups, each with a dependable CEO.
We were organised into 9 groups, each with a dependable CEO.
We
made our personal cash books that we kept our moolah that we earned in, moolah
was the currency that we would be using.
We
were asked to brainstorm different products and a service, but we could only
make our products from the materials on sale at "The-Warehouse".
We were on a budget of 150 Moolah that we kept in our business cash wallet. This was the money that we could use to buy the materials.
Our next task was to agree within our groups which 2 or 3 products and service we would offer to our customers.
During that time, Sharron and Paul told us to make a record of our finances and what we spent and what we earned. We played a financial game about saving and spending.
The next day we had the market after lunch but before that we were given $20 Moolah to buy streamers and balloons and decorate our stalls.
Then we had the market, which overall was great fun and an awesome learning experience.
We were on a budget of 150 Moolah that we kept in our business cash wallet. This was the money that we could use to buy the materials.
Our next task was to agree within our groups which 2 or 3 products and service we would offer to our customers.
During that time, Sharron and Paul told us to make a record of our finances and what we spent and what we earned. We played a financial game about saving and spending.
The next day we had the market after lunch but before that we were given $20 Moolah to buy streamers and balloons and decorate our stalls.
Then we had the market, which overall was great fun and an awesome learning experience.
By William and James
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